Introduction to Economics

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Professor Dave Explains

Professor Dave Explains

Күн бұрын

Пікірлер: 181
@mranonymous_25
@mranonymous_25 3 жыл бұрын
KZbin: How many subjects you wanna teach? Dave: Yes
@iammrbeat
@iammrbeat 3 жыл бұрын
I know I'm biased, but, THIS WILL BE THE BEST ECONOMICS SERIES EVER.
@boopdeboop4342
@boopdeboop4342 3 жыл бұрын
Let's go!!!!!!!!! P.s I love your videos :)
@Sukhme
@Sukhme 3 жыл бұрын
mr beats pleas give money
@kaavi1391
@kaavi1391 3 жыл бұрын
Mr beat , I've heard you like tariffs a lot.
@stargarden2577
@stargarden2577 3 жыл бұрын
What is this a crossover episode?
@ghostyidk9383
@ghostyidk9383 3 жыл бұрын
@@Sukhme this is mrbeat not mrbeast
@niceman5907
@niceman5907 3 жыл бұрын
I'd love to see Dave do a linguistics series. His lessons are so succinct it's remarkable
@matt261102
@matt261102 3 жыл бұрын
I have an exercise bike in my kitchen so I can be riding, cooking tortellini and watching this video at the same time.
@un_-known
@un_-known 11 ай бұрын
6 minutes 🗿
@andrewminczeski8528
@andrewminczeski8528 3 жыл бұрын
Dave is doing econ? What a frickin' champion! My students dig you, man.
@danielmaczak8835
@danielmaczak8835 3 жыл бұрын
Dave I wish you could multiply yourself, because there are so many interesting topics going on on your channel and only one Dave to create the content.
@DefendUSA1776
@DefendUSA1776 3 жыл бұрын
"The first law of economics is scarcity. The first law of politics is to ignore the first law of economics." -Dr Thomas Sowell
@oddviews
@oddviews 3 жыл бұрын
Before the Internet, one's Teachers were where they were and you had little choice whether good are bad. Now, in just about any subject there are thousands of Teachers (still good and bad) available but one can choose and from my experience as a long-time Subscriber and reading the comments in varied subjects, Professor Dave is among the very best. Don't change anything, Professor!
@uTube486
@uTube486 3 жыл бұрын
I just turned 68. This video hit me like a brick. Dave distilled a complex system into something I can grab. Thanx Dave!
@andrewminczeski8528
@andrewminczeski8528 3 жыл бұрын
"Or a teacher is compelling you" "Assuming you are taking notes like a good student" I feel personally attacked right now. Economics is gonna be a dangerous road with the PD-man.
@JuiceExMachina
@JuiceExMachina 3 жыл бұрын
Oh hell yeah, I have been interested in economics for years already. And now one of my favorite educational channels starts a series on it. You also seem to be approaching this topic from a different angle compared to other channels. Im soo hyped for this series 👍
@Riverdale270
@Riverdale270 3 жыл бұрын
As a phd in econ, i really like this intro vid
@cbabick
@cbabick Жыл бұрын
Thank you so much for this. I'm 60 and work in science communications. I'm a life-long learner and want to know something about many areas. Often videos are geared toward people who want to hear an annoying voice, silly jokes, and silly music with not much substance. Your videos are well-made and super helpful!
@HashtagAbdul
@HashtagAbdul 3 жыл бұрын
Professor, I didn't even know I was waiting for this series. Thank you!
@altayebofficial
@altayebofficial 3 жыл бұрын
Professor Dave's made such an amazing content this year 🔥 BTW, great musical changes in the intro, professor Dave 👏🏻
@dominicgraham6101
@dominicgraham6101 3 жыл бұрын
Wow! In addition to being really informative (as usual), this video also looks REAL LY good! Hats off to the editor!
@suyashishan1960
@suyashishan1960 3 жыл бұрын
He literally knows 'every' subject 👍❤️
@metaliumtux
@metaliumtux 3 жыл бұрын
There are a lot of one mane bands and here we have one man university. xD
@Redmond17
@Redmond17 3 жыл бұрын
The preview clip on the main page made me worried that this might be a lesson on economics which completely omits the _very first lesson_ (or the definition) of economics, but I'm elated to see you hit it out of the park :D Definitely interested to see how this series goes!
@glennpearson9348
@glennpearson9348 3 жыл бұрын
YES! I was wondering when you'd start tackling economics. I hope somewhere along the way you cover the concepts of free markets and tariffs.
@LSven-td9sn
@LSven-td9sn 3 жыл бұрын
Top quality as always.
@atharvbhalerao3062
@atharvbhalerao3062 3 жыл бұрын
Thank you for starting an economics series. It will help me a lot with my SL subject.
@marcusbrown6465
@marcusbrown6465 3 жыл бұрын
I love your channel professor Dave...I learn so much from you. Thank you!!
@scptime1188
@scptime1188 3 жыл бұрын
Can we talk about the animation and production quality for this video? No longer does text pop on and off screen... it moves! It moveeeessss!
@ianreddish1878
@ianreddish1878 3 жыл бұрын
Great video! I'm a Health Science student and your videos are going to be a life - saver.
@The_Real_Quantum
@The_Real_Quantum Жыл бұрын
Has the animation gotten snazzier with this series? Feels much smoother and nicer. Excited to go through this series!
@db3536
@db3536 3 жыл бұрын
Looking forward to this series. Please tell me you are going to cover the notion of fiat currency and how it relates to taxes and inflation. Thanks again
@backstreetfan2887
@backstreetfan2887 3 жыл бұрын
oh! how did I not notice this when it came out!
@abeIincoIn
@abeIincoIn 3 жыл бұрын
11 hours ago but uploaded 2 minutes ago *noice*
@GARYTHDawson
@GARYTHDawson 3 жыл бұрын
Specsavers!!!!
@lucofparis4819
@lucofparis4819 2 жыл бұрын
"Unlike the primitive bartering of ancient cultural centers [...]" Hi Dave, I decided to learn more about economics, and your series seems like a pretty good overview of the topic. That being said, it's not like I know nothing on the matter, and right from the beginning, this particular statement contradicts my understanding of ancient economics. I hope you can help me understand if and where I am getting things wrong. From what I've learned the idea that bartering predated currency is plainly false, for bartering is actually a replacement system after a given currency's collapse, usually employing idealised values of the fallen currency as a metric to exchange goods and services in the bartering system. From what I have gleaned of the scientific research, it is the beginning of the cultivation of cereals that allowed for the development of the first protostates, for they likely became themselves the first currencies, owing to the ease of quantifying and carrying them. Before the emergence of such systems, it is my understanding that primitive cultures relied on sharing, borrowing, and offering, only occasionally performing transactions in raw goods with foreign groups, as part of important events such as forging alliances or ending conflicts. Now, Dave, please help me. Am I missing or misunderstanding something here? Is my account making sense? If needed I can supply references to the relevant papers, books, and articles by the way. It would just take some time to remember and link these things that I've read, sometimes years ago, so please let me know if you're interested. In the meantime, this will please the Almighty KZbin Algorithm.
@grafil01
@grafil01 3 жыл бұрын
The editing is amazing, you got a good one
@Zephoxi
@Zephoxi 3 жыл бұрын
Keep up the good work dave. Love your stuff
@chaoticprogramming
@chaoticprogramming 3 жыл бұрын
You are a lifesaver and by lifesaver I mean a person who has a lot of knowledge I want to contain.
@JermainAcheampong
@JermainAcheampong Жыл бұрын
As a senior student studying BAB with track economics this video gave me flashbacks to every single semester of my studies. I passed 7 classes in economics and this video included a little bit of each class. It’s really like a little introduction to each of them. The examples used by the author are very appropriate and descriptive. And right now, my topic of Intermediate Microeconomics is marginal cost and marginal benefit which is perfectly described in this video. Thank you very much Dave!
@T-minus-infinite
@T-minus-infinite 3 жыл бұрын
The series I didn't know I wanted
@bobshnickel5713
@bobshnickel5713 3 жыл бұрын
I needed this desperately. Thank you for adding economics to your plethora of available information. You can learn chemistry and theory, but the most practical knowledge seems to be the everyday economics.
@Enthalpy--
@Enthalpy-- 2 жыл бұрын
Economics is illusion
@raphaelmelki6471
@raphaelmelki6471 3 жыл бұрын
Thank you so much for your scientific content Professor! I would be so thrilled if you, one day, would tackle epistemology, as it is the inquiry in the number one question anyone asks themselves when interacting with science, that is: how does anyone know anything? Going back to the roots of empiricism, induction and logic could be of great interest. I notice that people who discard science as "just a way to see the world among many others" seem a bit confused about what really is knowledge. Having you explain these topics would be fantastic! If you don't, it won't hinder me from enjoying your videos anyway ^^ have a nice day!
@antimatter31
@antimatter31 3 жыл бұрын
"Can a Protista become a banker? No but a 'rat' can! " - Not Kent Hovind
@cicik57
@cicik57 3 жыл бұрын
banker can produce only banker, have you observed a non-banker have banker offsprings?
@hattruck8607
@hattruck8607 3 жыл бұрын
@@cicik57 no,that proves that the earth is 6000 years old and that we are created by some sky daddy
@abdirahmanabdullahi1562
@abdirahmanabdullahi1562 3 жыл бұрын
Thanks ... We want more lectures about Agricultural economics professor Dave
@comicconcarne
@comicconcarne 3 жыл бұрын
When I went through AP Micro it only focused on capitalism - makes sense, that's what students definitely encounter. But it's like they touch on mercantilism, then jump from Smith to Keynes and skip *certain historic economic theories* in the middle. It'd be nice to get an overview on how different socioeconomic systems - like ancient slavery, feudalism, socialism - resolve scarcity. It'd demonstrate labor as an independent variable and serve as a decent history primer for the science nerd audience.
@ProfessorDaveExplains
@ProfessorDaveExplains 3 жыл бұрын
That does sound good! Some of it should crop up here, but I also am planning extensive series on political science as well as world history so it should get covered between them.
@lousybaby
@lousybaby 3 жыл бұрын
Agreed. To put a point on this, scarcity seems a poor starting point for an economics video aimed at science enthusiasts, since it bears so much of the ideological baggage of liberal economists in particular and risks establishing the economy as a natural fact rather than a chance historical outcome. (The cartoon version of the connection being: resource scarcity is a fact of the universe [it is], thus markets [they aren't]). I'll be interested to see how Dave tackles "microeconomics" as a field rather than something more easily delimited within the frame of politics and history, such as personal banking. This is to say that teaching how to navigate the current economy and make decisions toward personal enrichment ≠ teaching economics.
@brad9343
@brad9343 2 жыл бұрын
I’m in my ELA class, and instead of actually doing any assignments, I’m learning about economics. At least I’m learning (just learning to wrong thing.)
@johntimothyvelasco1541
@johntimothyvelasco1541 3 жыл бұрын
Thank you for this good overview of economics. It is helpful as I will be taking the course this upcoming semester.
@hmsphone2261
@hmsphone2261 3 жыл бұрын
Wonderful, I always hoped you would make a course about economics thank you very much
@ashishlulla974
@ashishlulla974 3 жыл бұрын
Have you ever thought about doing a business studies series? I think it's different from economics. My friend studies it and I wanna recommend your channel to her.
@DaArcaneNinja
@DaArcaneNinja 4 ай бұрын
I have to take econ and hated it. So now im prepping to retake so I appreciate you helping me hate it less!
@kennybeginner4087
@kennybeginner4087 3 жыл бұрын
What kind of people would dislike this kind of videos ?
@Cettywise
@Cettywise 3 жыл бұрын
This is about to get crazy 😧
@jawad_youtube
@jawad_youtube 2 жыл бұрын
Crystal clear than water👍 Thanks Sir❤
@arway4766
@arway4766 3 жыл бұрын
I don't know how good you are at making music but could you possibly make a full "professor dave explains" song... Idk what lyrics you'd put into it but you're the expert add some science topics make them rhyme do whatever it honestly doesn't matter as long as I get a longer version of the intro lol
@krisboudreau3475
@krisboudreau3475 5 ай бұрын
What are the chances I’m watching this while riding a bike 😂 2:07
@lanzibangli1259
@lanzibangli1259 3 жыл бұрын
You are the best! This will be amazing. I'll be sure to send this to my teacher.
@mranonymous_25
@mranonymous_25 3 жыл бұрын
What is Economics? It's free real estate
@ajantaghosh422
@ajantaghosh422 3 жыл бұрын
Please make videos for business studies students, they are very well explained.
@NewDeal1917
@NewDeal1917 3 жыл бұрын
Actually, 'scarcity' is a tricky idea. It plays such a role in many textbooks due to being a key concept in marginalist approach to analysis, which neoclassical ecnonomics is based on. Long story short, neoclassical framework would picture a national and global economy as a system dynamically moving towards some sort of equilibrium, making use of all possible resources in the most efficient manner. In that way we're almost everywhere at our production frontier, so we have to think wisely and monitor the outcomes of our decisions. However, many influential schools of economic thought (i.e., different branches of Keynesianism) reject this approach, putting forth the idea that we live under the conditions of constand abundance, rather than scarcity. That's hugely tied to the notion of full employment not being achieved in absence of additional regulations. If that's true, than we can allow ourselfs produce more goods without any penalties. Also, any attempts to draw all the macroeconomics from microeconomic assumptions largely failed so far (despite initial enthusiasm provoked by the Lucas revolution) - if you go that way, you will simply arrive at counterfactual conclusions and harmful policy recommendations, which US had plenty of its share for the last 40 years.
@gracianovitaputri8676
@gracianovitaputri8676 3 жыл бұрын
Will definitely follow this series!!
@_Stin_
@_Stin_ 3 жыл бұрын
Thank you Prof. Dave. The only experience I would say I have of economics is well trained men in grey suits, lying and abusing rhetoric. I sincerely hope that your lessons will change my mind about economics so I see it as useful.
@AbuctingTacos
@AbuctingTacos 3 жыл бұрын
I needed this video
@kavalkahn
@kavalkahn 3 жыл бұрын
This series will be so great that Thanos will have to come around about his solution for scarcity.
@pickleswaves
@pickleswaves 3 жыл бұрын
Welcome back ✌️✊
@houmamkitet9555
@houmamkitet9555 3 жыл бұрын
Looking forward to this
@grego7596
@grego7596 3 жыл бұрын
This is how Dave demonstrates how biology and economics are chemically related.
@ivanljujic4128
@ivanljujic4128 3 жыл бұрын
Imagine being as awesome as professor Dave. Dw, random reader, you're probably awesome in your own way too, but so si professor Dave. :D
@cguy96
@cguy96 3 жыл бұрын
Just an interesting FYI. In oceanography and meteorology, we often use time series analysis techniques initially developed in economics. We just do it better 😈 Edit: I hope you are also going to touch on “perceived scarcity,” e.g., Diamonds.
@cguy96
@cguy96 3 жыл бұрын
@Michael Enquist I don’t know if that has anything to do with it, but the tools are nice.
@goodfaithanarchist3461
@goodfaithanarchist3461 3 жыл бұрын
Hello Prof Dave, great video. Do you plan to address the pseudoscience of praxeology at any point in the series?
@agent99._.53
@agent99._.53 2 жыл бұрын
It’s not possible since praxeology isn’t a pseudoscience.
@ryanzeng890
@ryanzeng890 3 жыл бұрын
Good job!
@NorbertSD
@NorbertSD 3 жыл бұрын
Are you going to talk about different economic systems, like capitalism, socialism, communism, mutualism, etc.?
@ProfessorDaveExplains
@ProfessorDaveExplains 3 жыл бұрын
I think that will probably fall more into political science, which this writer will write for me as well, but I will see how he wants to break it up.
@Ken19700
@Ken19700 3 жыл бұрын
The definition of economics as I was told is the study of the use of scarce recourses with alternative uses.
@cedricburkhart3738
@cedricburkhart3738 2 жыл бұрын
Hay thanks Dave I was hoping you would make something on economics.
@foodbadgersnew
@foodbadgersnew 11 ай бұрын
prof dev is light of studnets life
@sachinfulsunge9977
@sachinfulsunge9977 3 жыл бұрын
Sir, why the rest of the videos in the playlist are private? I wanna educate myself :(
@ProfessorDaveExplains
@ProfessorDaveExplains 3 жыл бұрын
I release all my content on a schedule!
@sachinfulsunge9977
@sachinfulsunge9977 3 жыл бұрын
@@ProfessorDaveExplains Oh so they are not done yet? Thanks I thought I was missing out, thanks for the feedback sir!
@du42bz
@du42bz 3 жыл бұрын
If you want to learn about economics, make also sure to read "Das Kapital" by Karl Marx
@agent99._.53
@agent99._.53 2 жыл бұрын
Yes very good read shows everything you shouldn’t believe.
@dobbysurfs
@dobbysurfs 3 жыл бұрын
Can science students with no prior knowledge watch this??
@ProfessorDaveExplains
@ProfessorDaveExplains 3 жыл бұрын
Of course!
@shivammishra1720
@shivammishra1720 3 жыл бұрын
@@ProfessorDaveExplains Thank you so much for your videos professor dave because of your quantum mysticism video I was able to get my father to question mysticism. He doesn't question it because of his obsession with ancient eastern wisdom and nationalistic sentiment. He has not changed his views completely but now he actually questions these things and tries to be a bit more open-minded.
@shahabbaloch8338
@shahabbaloch8338 3 жыл бұрын
Great content. Will I become richer after learning economics?
@Shivamg415
@Shivamg415 3 жыл бұрын
R u gonna provide any course or how's is it gonna work
@boopdeboop4342
@boopdeboop4342 3 жыл бұрын
Finally!!!!
@SaeedNeamati
@SaeedNeamati 3 жыл бұрын
do you have a list of upcoming series?
@ProfessorDaveExplains
@ProfessorDaveExplains 3 жыл бұрын
I do indeed! Lots more planned.
@RTU-mw8ft
@RTU-mw8ft 3 жыл бұрын
What can you not teach Dave ???
@johnwright8814
@johnwright8814 3 жыл бұрын
I think you are brave tackling this subject - how does a scientist approach "the invisible hand"?
@psikeyhackr6914
@psikeyhackr6914 Жыл бұрын
What about NDP, Net Domestic Product? What is depreciation? How does planned obsolescence affect the depreciation of durable consumer goods? Can economists do algebra?
@samyuktha652
@samyuktha652 9 ай бұрын
Thank you so much sir
@brucedienst7553
@brucedienst7553 3 жыл бұрын
Will this align with the AP micro and macro curriculums
@ProfessorDaveExplains
@ProfessorDaveExplains 3 жыл бұрын
My writer teaches high school economics so I believe it should align pretty well. I should ask him.
@archivist17
@archivist17 3 жыл бұрын
Ooh, this could be interesting!
@evoid.3949
@evoid.3949 3 жыл бұрын
Thanks for teaching me econ
@shaonsingha9682
@shaonsingha9682 3 жыл бұрын
Sir We wanna a Philosophy Course!❤️❤️❤️
@ProfessorDaveExplains
@ProfessorDaveExplains 3 жыл бұрын
It will happen at some point!
@evamonahan1151
@evamonahan1151 3 жыл бұрын
Explain how to calculate Dead Weight Loss, producer and consumer surplus, and quotas!
@dalisophiri3308
@dalisophiri3308 3 жыл бұрын
I don't even do economists... I just came here for the theme song...😂😂😂
@simakusakina7296
@simakusakina7296 3 жыл бұрын
Thats nice Dave, but debunking dumb conspiracy would give you a ton more views
@ProfessorDaveExplains
@ProfessorDaveExplains 3 жыл бұрын
I'm an educator first and foremost.
@simakusakina7296
@simakusakina7296 3 жыл бұрын
@@ProfessorDaveExplains there are plenty of people who can explain economics well, but a few who can discuss conspiracy as good. Its better to specialise at something, just a suggestion tho.
@deathnote4171
@deathnote4171 3 жыл бұрын
@@ProfessorDaveExplains debunking those Topics will help Others and I found this channel by your flat earth debunking videos (And ur series r really helpful ) sir kindly make a series on Debunking allegations against Evolution and can you kindly Make a debunking video on this guy called Saboor Ahmed who is a very Popular Muslim Apologist(also studied philosophy of biology) on Evolution here he's works kzbin.info/www/bejne/fYW8goaepN-laMU , kzbin.info And kindly also check out his debates and other videos on Debunking human Evolution It will help Muslim community Most English language Muslims who think Evolution/human Evolution is false follow him (some Christians also follow him ) who Follow and believe him and his works and debates :):)
@ashishlulla974
@ashishlulla974 3 жыл бұрын
@@simakusakina7296 well he does both! He's professor Dave!
@minnymouse4753
@minnymouse4753 3 жыл бұрын
Energy not being a substance but action with in a substance does fit doe ideas of spirit. Many thing of extra electrons . With a matterials . . I always energy was every below the atomic level .
@kylewhitney2890
@kylewhitney2890 3 жыл бұрын
Professor Dave may as well start his own university. I’d enroll.
@CH-ek2bm
@CH-ek2bm 3 жыл бұрын
Given that your background is in Chemistry (if I am not mistaken), how can I be sure that everything you say in this series is accurate? I admire what you do, but one man cannot have degree-level knowledge of every subject.
@ProfessorDaveExplains
@ProfessorDaveExplains 3 жыл бұрын
The writer of this series teaches high school economics, and I have PhD economists fact check the scripts.
@joshuapaulorigenes1936
@joshuapaulorigenes1936 3 жыл бұрын
“Professor Dave” is now a collective term
@cheesebone2818
@cheesebone2818 3 жыл бұрын
We watched one of your videos in class
@Zippiye0001
@Zippiye0001 3 жыл бұрын
Do a collab with Dr Mike or something. Talk about vaccines or something.
@rencevakkachan2284
@rencevakkachan2284 3 жыл бұрын
Prof, you should do a series on psychology
@ProfessorDaveExplains
@ProfessorDaveExplains 3 жыл бұрын
It's being written as we speak!
@deathnote4171
@deathnote4171 3 жыл бұрын
@@ProfessorDaveExplains Wow thank you for your great works it's really helpful
@burkean
@burkean 3 жыл бұрын
Dave takes up economics, gets a haircut, trims beard.
@bruhman2478
@bruhman2478 3 жыл бұрын
Are you a math AND science scholar Professor Dave?
@deltacream
@deltacream 3 жыл бұрын
This start feels kinda fitting, after the "Luigi teaches capitalism" meme.
@zapfilmsyt
@zapfilmsyt 3 жыл бұрын
Dave said yea I know that
@theotokosappreciator7467
@theotokosappreciator7467 3 жыл бұрын
it is impossible for normal human to have that much knowledge. You really must be Jesus.
@professormccoy4500
@professormccoy4500 3 жыл бұрын
What editing software do you use?
@adebleswordfish
@adebleswordfish 3 жыл бұрын
We don’t even need an economic system that lives off pain like we have now. If your economic system results in pain for ANYONE it’s a bad system.
@justindankert7725
@justindankert7725 3 жыл бұрын
Which System does not result in pain?
@adebleswordfish
@adebleswordfish 3 жыл бұрын
@@justindankert7725 lets all find out together, most likely a neo-tribal de-centralized one that focuses on the natural psychological nature of humanity and rooting out problems at their source as well as self sustainability of each smallest unit of society, we have the technology.
@agent99._.53
@agent99._.53 2 жыл бұрын
Economic systems didn’t invent pain and suffering.
@antonvierkant6286
@antonvierkant6286 3 жыл бұрын
I don't think everybody has infinite wants. I for one want enough to survive, with somewhat decent live standards, and then I can move on to other people, who don't have that.
@Unraveled
@Unraveled 3 жыл бұрын
You could say that that in on itself is infinite, because to survive you need food, water and shelter as long as you live, and those things need to be produced infinitely to be able to sustain you and other individuals.
@antonvierkant6286
@antonvierkant6286 3 жыл бұрын
@@Unraveled These things need to be produced infinitly, to sustain us an infinite amount of Time. I think that the wants of any Person are finite.
@gabrielwilkinson3512
@gabrielwilkinson3512 3 жыл бұрын
That intro threw me off
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